FDI in Retail in India

Saturday, September 29, 2012

After waiting for reasonable time and going through internal
thought process and analysis, I decided to publish my point of views on some
key issues, which are holding my attention and some part of my thought process.
I am using most accessible media i.e. internet and instrument as blogs for this
matter.

I strongly believe that, all time we are dealing with ‘Relative
Truth’, so these are my point of views on some matter and still there is scope
for addition, correction and improvement, for which I would like to encourage
readers to provide their valuable inputs as comments.

This particular blog is on recent development in Indian
economy i.e. ‘ FDI In Retail’. I believe it is kind of a bold step taken by
government and particular prime minister Dr M M Singh, I respect him and his
capabilities as a good economist. Find some Pros and Cons on matter of FDI in
retail in India as below, which I have gathered from news media and add my
thoughts.

Pros:

-As new global retailers will invest in infrastructure
to build warehouses and logistics, it will reduce wastage

-Organized farmer and manufacturers can feel more
secured, as they will enter into contract with global payers for their production,
also will enjoy higher reach for their production

-New and better technology will be introduces by
global retailers in the sector, it will help to be more productive and to
improve quality

-Consumers will/can have better value for their
money as mediators will be reduced and access of global products